Fundamental Analysis: 14 July 2016

Today, By 12pm (Nigerian Time) we will have GB Interest Rate Statement news.

It is Advisable to trade it on GBPUSD pair.

If the rate is cut to 0.25%, GBP/USD will go down to like 70 pips.

But

If the rate is cut to 0.10% or even lower, GBP/USD will really go down to over 120 pips

If there is no change at all, there might be little or no reaction in the market.